As at November 2024

Company overview

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 90,250 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2024 reported revenue is $14.68 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).

 

Fiscal year end: September 30

 

Transfer Agent

Computershare Investor Services Inc.
100 University Ave., 8th Floor
Toronto, Ontario  M5J 2Y1

North America toll-free: 1-800-564-6253
International: 1-514-982-7555
Computershare Investor Centre

Share Fraud - WARNING

Be aware of unsolicited phone calls or correspondence concerning investment matters to former Logica shareholders and attempts to gain access to those individuals.

Shareholders should be wary of unsolicited advice, offers to buy or sell shares or related investments or offers of free company reports.

View the Share Fraud and Boiler Room Scams page to learn more.

F2024 performance highlights

Buildings - Performance highlights
  • Revenue of $14.68 billion, up 2.7% year-over-year or 0.9% year-over-year in constant currency1;
  • Earnings before income taxes of $2.29 billion, up 4.2% year-over-year, for a margin1 of 15.6%;
  • Adjusted EBIT1 of $2.42 billion, up 4.5% year-over-year, for a margin1 of 16.5%;
  • Net earnings of $1.69 billion, up 3.8% year-over-year, for a margin1 of 11.5%;
  • Net earnings excluding specific items1,3, of $1.77 billion, up 5.1% year-over-year, for a margin1 of 12.0%;
  • Diluted EPS of $7.31, up 6.6% year-over-year;
  • Diluted EPS excluding specific items1,3 of $7.62, up 7.8% year-over-year;
  • Cash provided by operating activities of $2.20 billion, representing 15.0% of revenue1;
  • Bookings of $16.04 billion, for a book-to-bill ratio of 109.3%; and
  • Backlog1 of $28.72 billion or 1.9x annual revenue.

Q4 F2024 performance highlights

Buildings - Revenue distribution
  • Revenue of $3.66 billion, up 4.4% year-over-year or 2.0% year-over-year in constant currency1;
  • Earnings before income taxes of $592.4 million, up 6.2% year-over-year, for a margin1 of 16.2%;
  • Adjusted EBIT1 of $600.2 million, up 4.7% year-over-year, for a margin1 of 16.4%;
  • Net earnings of $435.9 million, up 5.2% year-over-year, for a margin1 of 11.9%;
  • Net earnings excluding specific items1, 2, of $439.1 million, up 4.2% year-over-year, for a margin1 of 12.0%;
  • Diluted EPS of $1.91, up 8.5% year-over-year;
  • Diluted EPS excluding specific items1,2 of $1.92, up 7.3% year-over-year;
  • Cash provided by operating activities of $629.1 million, representing 17.2% of revenue1; and
  • Bookings1 of $3.82 billion, for a book-to-bill ratio1 of 104.4%.

Revenue distribution

Buildings - Related links
Service type

F2024

  • 55% Managed IT and business process services
  • 45% Business and strategic IT consulting and systems integration services

Q4 F2024

  • 56% Managed IT and business process services
  • 44% Business and strategic IT consulting and systems integration services
Client geography

F2024

  • 31% United States
  • 15% France
  • 15% Canada
  • 12% United Kingdom  
  •   7% Germany
  •   6% Finland
  •   5% Sweden
  •   9% Rest of the world.

Q4 F2024

  • 32% United States
  • 15% Canada
  • 15% France
  • 12% United Kingdom  
  •   7% Germany
  •   6% Finland
  •   4% Sweden
  •   9% Rest of the world.
Vertical market

F2024

  • 37% Government
  • 22% Manufacturing, retail and distribution
  • 22% Financial services
  • 13% Communications and utilities  
  •   6% Health

Q4 F2024

  • 38% Government
  • 22% Financial services
  • 21% Manufacturing, retail and distribution
  • 13% Communications and utilities  
  •   6% Health

Related links

Note: All figures in Canadian dollars. F2024 MD&A, audited consolidated financial statements and accompanying notes can be found at cgi.com/investors and have been filed with the Canadian Securities Administrators on SEDAR+ at www.sedarplus.ca and the U.S. Securities and Exchange Commission on EDGAR at www.sec.gov.

1Constant currency revenue growth, adjusted EBIT, adjusted EBIT margin, net earnings excluding specific items, net earnings margin excluding specific items and diluted EPS excluding specific items are non-GAAP financial measures or ratios. Earnings before income taxes margin, net earnings margin, cash provided by operating activities as a percentage of revenue, bookings, book-to-bill ratio, and backlog are key performance measures. See “Non-GAAP and other key performance measures” section of this press release for more information, including quantitative reconciliations to the closest International Financial Reporting Standards (IFRS Accounting Standards) measure, as applicable. These are not standardized financial measures under IFRS Accounting Standards and might not be comparable to similar financial measures disclosed by other companies.

2Specific items in Q4-F2024 include: $3.2 million in acquisition-related and integration costs, net of tax; Specific items in Q4-F2023 include: $6.7 million from the cost optimization program, net of tax.

3Specific items in F2024 include: $5.1 million in acquisition-related and integration costs and $68.1 million from the cost optimization program, both net of tax; Specific items in F2023 include: $42.1 million in acquisition-related and integration costs and $6.7 million from the cost optimization program, both net of tax.